Question

John would like to move from the city into the suburbs and has been saving up a large down payment for a home. which is the most cost effective way for john to buy a house in the suburbs?
a.move to the suburbs and rent a house for one year before purchasing a home.
b.finish the term of his apartment lease in the city and find a new home to purchase simultaneously.
c.break his lease and move to the suburbs immediately without identifying a home to buy.
d.break his lease once he has bought the perfect home.

Answer 1

When we say suburban area, this is the area that is only a part of the city or a region that is distant from the city but not to the point that it becomes rural. So for John, the best way for him to save up in order to acquire a place to stay in the suburbs is to move first to the suburbs and rent a home for a year. This would give John enough time to decide whether he would like the suburban living and to look for a perfect location for his house.